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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (15682)	12/31/2002 2:57:18 PM
From: High-Tech East	Respond to of 19219

<<I thought a lot of union contracts were renegotiated at Daimler Chrysler after the merger and they are doing 0% down too, correct? Unions are going to get their butts kicked if they get pushy in this recession... just like 82. I'm fed up with unions after the dockworkers and NY transporation fiascos>> I am not sure about Daimler, Lizzie ... but consider this if you will ... auto company management (especially GM and Ford who are the biggest U.S. manufacturers) demanding significant reductions in lay-off benefits AT THE EXACT TIME they intend to lay-off tens of thousands ... what do you think a 3-6 month national UAW strike would do to a fragile economy? As I said however, I am not at all sure of the timing of the Master UAW contract. Ken